Global Markets Navigate Strong Earnings, Geopolitical Shifts, and AI Sector Volatility

Corporate Earnings - Hon Hai Precision Industry Co. Ltd. (Foxconn) reported Q3 2025 revenue of NT$2.06 trillion, with operating profit at NT$70.54 billion, net income at NT$57.67 billion, and EPS at NT$4.15, all exceeding analyst expectations [2][8] - E.ON SE announced a 9M 2025 adjusted EBIT of €4.75 billion, an 8.7% year-over-year increase, while RWE AG reported a 13% year-over-year decrease in adjusted EBITDA to €3.48 billion [3][8] - ABN AMRO Bank N.V. posted a Q3 2025 profit of €617 million, surpassing estimates, and announced the acquisition of NIBC Bank for approximately €960 million [4][8] Geopolitical and Economic Developments - General Motors (GM) is instructing parts manufacturers to divest supply chains from China, reflecting a trend among U.S. companies to reduce reliance on Chinese manufacturing [5][8] - China and Spain are enhancing economic ties, with plans for increased imports of premium Spanish products and collaboration in sectors like Artificial Intelligence and the Digital Economy [6] Macroeconomic Indicators - Japan's Machine Tool Orders grew 16.8% year-over-year in October, indicating strengthening industrial activity [7] Market Dynamics - The AI market rally appears to be stalling, leading to a $10 billion outflow from Asian markets, suggesting a potential re-evaluation of high-growth tech stocks [10][8] - Weak jobs data in the UK has raised expectations for a Bank of England rate cut, influenced by slowing wage growth and rising unemployment [9]